Reversal on Volume Stock Screen

(3)

Based on VPA's concept of stopping volume, this screener looks for stocks in a downtrend that have completed a price reversal under increased volume, showing a strong close.

Long

Technical Analysis

Swing Trading

Pull backs / Retracements

Shared by user Zup - 2 years ago

Stock Screener Settings

Price: Above 5

excludes penny stocks

(previousClose<previousOpen)

Last candle was weak

ChartMill Trend: Short Term Trend Negative

Short term trend negative

(((high-low)*0.8)<(close-low))

Higher close

Exchange: US Only

US Stocks is, where the liquidity is

(close>previousClose)

higher closing price

(volume>smaVolume50)

Higher Volume

Average Volume: 50 SMA > 200K

Liquidity

RUN

Chart Settings

Daily candles with support and resistance

Regional Run

Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.